Call reports 2024
WEST UNION BANK — 2024
What WEST UNION BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 265,093,000 | 260,453,000 | 270,960,000 | 271,375,000 |
| Total loans | 119,663,000 | 127,891,000 | 130,291,000 | 134,554,000 |
| Allowance for loan losses | 1,611,000 | 1,742,000 | 1,724,000 | 1,729,000 |
| Securities available for sale | 119,558,000 | 117,638,000 | 119,126,000 | 116,406,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,348,000 | 231,838,000 | 238,173,000 | 246,168,000 |
| Interest-bearing deposits | 147,953,000 | 144,407,000 | 157,123,000 | 157,249,000 |
| Noninterest-bearing deposits | 88,395,000 | 87,431,000 | 81,050,000 | 88,919,000 |
| Equity capital | 12,410,000 | 13,213,000 | 16,552,000 | 13,324,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,833,000 | 5,718,000 | 8,723,000 | 11,908,000 |
| Interest expense | 736,000 | 1,582,000 | 2,543,000 | 3,555,000 |
| Net interest income | 2,097,000 | 4,136,000 | 6,180,000 | 8,353,000 |
| Noninterest income | 256,000 | 536,000 | 803,000 | 1,080,000 |
| Noninterest expense | 1,637,000 | 3,298,000 | 4,975,000 | 6,645,000 |
| Provision for loan losses | 242,000 | 353,000 | 408,000 | 488,000 |
| Pretax income | 232,000 | 779,000 | 1,156,000 | 1,545,000 |
| Income tax | 13,000 | 28,000 | 40,000 | 51,000 |
| Net income | 219,000 | 751,000 | 1,116,000 | 1,494,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,801,000 | 23,332,000 | 23,698,000 | 23,335,000 |
| Total capital | 24,435,000 | 25,096,000 | 25,445,000 | 25,086,000 |
| Risk-weighted assets | 157,550,000 | 164,423,000 | 164,825,000 | 169,239,000 |